Gilat's Fourth Quarter Conference Call and Webcast Scheduled for February 13, 2006

Gilat Satellite Networks Ltd. (Nasdaq:GILTF) today
announced that it will release its fourth quarter and year-end 2005
financial results on Monday, February 13, 2006.
   Following the earnings announcement, Gilat will host a conference
call at 9:00 AM EST. Participants from the U.S. or Canada may dial in
at [phone] and international participants may dial in at (706)
679-0727. You may access the live webcast through the Company's
website at www.gilat.com.
   A replay of the call will be available beginning at approximately
10:00 AM EST, February 13, 2006 until February 20, 2006 at 11:59 PM.
To listen to the replay, for US/Canada participants, please call (800)
642-1687, for International/local residents, please call (706)
645-9291. To access the live call and the replay, users will need to
enter the following code: 5246533. The call will be archived for a
period of 90 days.

   About Gilat Satellite Networks Ltd.

   Gilat Satellite Networks Ltd. (Nasdaq:GILTF) is a leading
provider of products and services for satellite-based communications
networks. The Company operates under two business units: (i) Gilat
Network Systems ("GNS"), which is a provider of network systems and
associated professional services to service providers and operators
and (ii) Spacenet, which provides in North America, managed services
for businesses and governments through its Connexstar service brand,
for consumers through its StarBand service brand and offers rural
telephony and internet access solutions to remote areas mainly in
Latin America via Spacenet Rural Communications.
   Gilat was founded in 1987 and has shipped over 550,000 Very Small
Aperture Terminals (VSATs) to more than 85 countries across six
continents. Gilat's headquarters is located in Petah Tikva, Israel.
The Company has 14 local offices and 3 service facilities worldwide.
Gilat markets the SkyEdge (TM) Product Family which includes the
SkyEdge(TM) Pro, SkyEdge(TM) IP, SkyEdge(TM) Call, SkyEdge(TM) DVB-RCS
and SkyEdge(TM) Gateway. In addition, the Company markets numerous
other legacy products. Visit Gilat at www.gilat.com.
   Certain statements made herein that are not historical are
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995. The words "estimate", "project",
"intend", "expect", "believe" and similar expressions are intended to
identify forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties. Many factors could
cause the actual results, performance or achievements of Gilat to be
materially different from any future results, performance or
achievements that may be expressed or implied by such forward-looking
statements, including, among others, changes in general economic and
business conditions, inability to maintain market acceptance to
Gilat's products, inability to timely develop and introduce new
technologies, products and applications, rapid changes in the market
for Gilat's products, loss of market share and pressure on prices
resulting from competition, introduction of competing products by
other companies, inability to manage growth and expansion, loss of key
OEM partners, inability to attract and retain qualified personnel,
inability to protect the Company's proprietary technology and risks
associated with Gilat's international operations and its location in
Israel. For additional information regarding these and other risks and
uncertainties associated with Gilat's business, reference is made to
Gilat's reports filed from time to time with the Securities and
Exchange Commission.